World Steel Association

According to the World Steel Association (WSA), global steel consumption is expected to continue rising, reaching 1.793 billion tons in 2024 and surpassing 1.815 billion tons in 2025.

Steel’s unlimited recyclability and versatility have solidified its role as a "core material" in the new era. Global statistics indicate that 52% of steel is used in building construction and social infrastructure projects, 16% in machinery manufacturing, and 12% in automobile production. Beyond major industries, steel remains indispensable in electrical appliances and household devices (5%) as well as other transportation sectors (5%), enhancing quality of life and forming a strong foundation for societal development.

Investing in world-class production lines from Italy, VAS Group takes pride in producing high-quality, durable VAS Green Steel that meets international standards. This reflects the Group's commitment to excellence, reinforcing its position as a leading steel manufacturer in Vietnam.